With its latest purchase, America’s Group has reached a major milestone: 50 auto auctions in its footprint. The auction group acquired EBlock Houston and EBlock New Orleans, a sale announced last week by EBlock. In a news release Monday, America’s Group said the acquisition bolsters the auction group’s Gulf Coast presence and “enhances its ability […] [Read More]

ServNet Auction Group has added two new members to its board of directors, selecting Cole Hooten of Central Arkansas Auto Auction and Mere Rangel of Big Valley Auto Auction to join current members Vann Humphrey of Carolina Auto Auction and Billy Willis of Greenville Auto Auction. The board will be led by chairman Ryan Clark […] [Read More]

EBlock is selling its New Orleans and Houston physical auctions to America’s Group, EBlock parent company E Automotive Inc. announced in a news release Monday. America’s Group will acquire the auctions for roughly $11 million in cash, subject to customary purchase price adjustments. The deal is expected to close Thursday, subject to customary terms and […] [Read More]

RPM, which is a non-asset-based logistics provider focused on finished vehicle and freight transportation, has named a new chief commercial officer. Hired for the role was Walt Piekarski, whose background include senior roles with Nissan, Mercedes-Benz, The AZEK Company, Vantage Mobility International and DelCam Capital. Piekarski will report to RPM North America president John Perkovich. […] [Read More]

If there’s a theme to what AutoIMS has observed in commercial consignor sales at auction this year, it’s “deliberate steadiness.” Conversion rates have stay north of 66% and above year-ago levels, sales volumes have largely remained ahead of 2024 numbers and the metrics gauging vehicle quality are stable. That’s according to the company’s Q3 Industry View, […] [Read More]

Perhaps there’s a certain amount of chaos at your dealership or finance company, especially if vehicles aren’t turning or contract holders aren’t paying. But at least based on Black Book’s newest observations, the wholesale market is relatively “orderly,” as overall prices softened a bit more than seasonal trends, but conversion rates stayed steady. Black Book […] [Read More]

America’s Group said Monday it has launched a leadership development program to prepare future managers throughout the company’s auction network. The program, called America’s University, is a “deeper, more comprehensive step beyond” America’s Group’s existing Leadership Journey program, the company said. It aims to provide emerging leaders at America’s with the know-how they will need […] [Read More]